Short Interest in China Tower Co. Limited (OTCMKTS:CHWRF) Rises By 125.5%

China Tower Co. Limited (OTCMKTS:CHWRF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 10,457,600 shares, a growth of 125.5% from the December 15th total of 4,637,600 shares. Based on an average daily trading volume, of 24,400 shares, the short-interest ratio is presently 428.6 days.

China Tower Price Performance

CHWRF stock remained flat at $0.14 on Thursday. The firm’s 50 day moving average price is $0.13 and its two-hundred day moving average price is $0.12. China Tower has a twelve month low of $0.09 and a twelve month high of $0.16.

China Tower Company Profile

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems.